TMI BlogDisclosure of events or informationX X X X Extracts X X X X X X X X Extracts X X X X ..... I, based on application of the guidelines for materiality, as specified in sub-regulation (4). (4) (i) The listed entity shall consider the following criteria for determination of materiality of events/ information: (a)the omission of an event or information, which is likely to result in discontinuity or alteration of event or information already available publicly; or (b)the omission of an event or information is likely to result in significant market reaction if the said omission came to light at a later date; 2 [ or ] 3 [ (c) the omission of an event or information, whose value or the expected impact in terms of value, exceeds the lower of the following: (1) two percent of turnover, as per the last audited consolidate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... employees of the listed entity in identifying any potential material event or information and reporting the same to the authorized Key Managerial Personnel, in terms of sub-regulation (5), for determining the materiality of the said event or information and for making the necessary disclosures to the stock exchange(s). ] (5) The board of directors of the listed entity shall authorize one or more Key Managerial Personnel for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) under this regulation and the contact details of such personnel shall be also disclosed to the stock exchange(s) and as well as on the listed entity's website. 6 [ (6) The listed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for a minimum period of five years and thereafter as per the archival policy of the listed entity, as disclosed on its website. (9) The listed entity shall disclose all events or information with respect to subsidiaries which are material for the listed entity. (10) The listed entity shall provide specific and adequate reply to all queries raised by stock exchange(s) with respect to any events or information: Provided that the stock exchange(s) shall disseminate information and clarification as soon as reasonably practicable. (11) The listed entity may on its own initiative also, confirm or deny any reported event or information to stock exchange(s) 7 [ : ] 8 [ Provided that the top 100 listed entities 10 [ **** ] an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... losure of such communication is prohibited by such authority. ] ************ NOTES:- 1. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/22 dated 05-05-2021 before it was read as thirty minutes of the conclusion of the board meeting. 2. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/131 dated 14-06-2023 (shall come into force on the thirtieth day from the date of their publication in the Official Gazette) 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/131 dated 14-06-2023 (shall come into force on the thirtieth day from the date of their publication in the Official Gazette) before it was read as, (c)In case where the criteria specified in sub-clauses (a) and (b) are not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rce on the thirtieth day from the date of their publication in the Official Gazette) before it was read as, . 8. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/131 dated 14-06-2023 (shall come into force on the thirtieth day from the date of their publication in the Official Gazette) 9. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/131 dated 14-06-2023 (shall come into force on the thirtieth day from the date of their publication in the Official Gazette) 10. Omitted vide Notification No. SEBI/LAD-NRO/GN/2023/155 dated 09-10-2023 w.e.f. 01-10-2023 before it was read as, (with effect from October 1, 2023) 11. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/155 dated 09-10-2023 w.e.f. 01-10-202 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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